Introduction
Humans are Mobile. Earlier, they moved in a herd like animals to avoid conflict and to protect themselves. They learned to domesticate animals, which solved the problems of moving by foot. Travelling with the help of animals have been continued since ages and many places on the earth it is still the only way possible for the transportation. The real change began with machines entering our lives. We made fast progress in the field of transportation with technology. An automobile is a common form of transportation today. People commute daily to their places of interest utilizing their cars. The car rentals became a good way to earn revenue through your car. People created an industry out of it. This has found acceptance and encouragement around the world.
The startups in the industry have become interested in creating innovative applications. ICOs have become the latest way to raise money for their projects. But, still many problems exist in the sector which discourages people to invest. A few of the problems are mentioned below.
- Lack of transparency and activity
- Not backed by any reals assets to safeguard the company
- Lack of proper roadmap and Goals to earn revenue
- Lack of failproof Plan to protect the member of the community
- Selling false hopes and idea without any prototype and solution
There are many other problems which can be solved by utilising innovative solutions. People are looking for the real project which is failproof and offers something valuable to them in return. We might not be able to create a perfect product but we can strive hard to create one.
SOLUTION OFFERED
FRASCOIN is offering real value to the customers with a failproof plan. It is a company in Indonesia involved in the car rental business. Its partners are UBER, GRAB and GOCAR. Having a real asset backing, it is a self-sustainable blockchain incubator which provides people with a unique investment option. The company is legally registered in Indonesia with the physical office and a transparent business model.
Being a part of the platform requires the purchase of the FRASINDO coins which are available for trading on the Cryptocurrency exchanges. They have a different business model than what other companies offer. It has a Voting mechanism for the token holders who get to decide what is best for the company. Offering total transparency with audit report each week, they have tried to present a model which is becoming rare in the current setup.
ICO INFORMATION & Team
To gather support from public and distribute their coins to the public, they are conducting an ICO. People can become the FRASCOIN token holders to earn CAR COIN for free car travel. The crowdsale of the tokens begins from 15th February 2018 and continues until 15th March 2018. The bonus and bounty programme exists for the users.
The funds will be utilised for a variety of purposes. The Marketing and development of the platform will be one of the important tasks of the team. The operational expenditure will be the part of the fund allocation. The team is a complete package of experience and talent combined with a great deal of enthusiasm about the future of the car rental industry. They believe that a transparent platform backed with real asset will allow people to benefit from the market.
Conclusion
Transport is one of the basic necessity of the humankind in today's age and increasing population and investment in the infrastructure will further boost the demand for the business.
People prefer cars on rent to avoid problems associated with owning a car. The Internet brought a revolution in every sector of the industry and practically changes our world. People have found new and innovative ways to solve problems utilising the foundation of the Internet. Online car booking brought another revolution in the car rental business. It utilised the internet to bring together the key players in the car rental business. People can book cars through their phones. Companies like UBER, GRAB and Go Car have become a most preferred way for people to book their cars. Cities with high population have found another way to reach from point a to point b.
Overall, the market looks promising. FRASCOIN is a company with multiple benefits on different fronts of the business and believes that in coming future, they will be the leader in the Car rental business in Indonesia. Their plan to bring a direct connection with the owners of the company and users of the platform is commendable. With the growing interest in the blockchain technology, they wish to leverage the potential of the car rental market to new heights. I think they have chosen a right track in the age of continuous development in the technology. The future of the blockchain technology in the mainstream business will be strengthened with the introduction of their unique concept.
To know more Visit:
Website: https://www.frasindo.com/
Whitepaper: https://drive.google.com/file/d/1jWnP6nWK7omHNZZp4iUrhSAJu3BifGwt/view
Published By: Kishan748
Btalk profile: https://bitcointalk.org/index.php?action=profile;u=1027561